Donaldson Williams Credit
Services
Offering
An Honorable Alternative To
Bankruptcy
Is Debt Settlement the Right Choice For You?
If you’re in way over your head financially, and you’re struggling just to get by each month, there’s a good chance that you’ve taken a long and serious look at your options to become debt-free. You’ve probably read more than you care to know about consumer credit counseling, bankruptcy, debt consolidation and debt settlement, but your diligence in finding a solution to your financial predicament has led you to believe that debt settlement may be a viable option.
There are a few considerations, however, that need to be factored into your final decision regarding debt settlement, and probably the most critical of these is the availability of sufficient funds to follow through with the agreed-upon settlements with your creditors. You see, if it’s simply not realistic that you’ll be able to fund the negotiated settlements with your creditors, your choice has already been made for you, and debt settlement is not the solution for you.
When negotiations have been ongoing and a mutually agreeable settlement has finally been reached, you’re expected to release funds to the creditor with whom you reached an agreement. Some creditors will accept the settlement amount over several months, while others will insist on one lump sum payment. Either way, if you default on the negotiated settlement agreement with your creditor, the settlement becomes null and void, and you’re expected to pay the entire debt in full.
If you believe funding will not be an obstacle, then debt settlement can be an excellent solution to your financial crisis. While your credit score may be reduced for a short period of time (if it’s not already), it will improve a great deal once your accounts are updated to reflect a zero balance. Also, many people have concerns regarding the possibility of a tax liability as a result of debt settlement. To get a clearer picture regarding debt settlement and taxes, click here.
Finally, let’s take a look at your final decision because
reaching that decision is simply not that easy. As a matter of
fact, it’s downright frightening, and something most people are
hesitant to think about. No matter what choice you make
regarding the best resolution for putting your financial
problems behind you, it’s new territory, and the thought of
losing your credit privileges, whether through bankruptcy, debt
settlement or consumer credit counseling, is not something any
of us really want to face. I can say with a great deal of
confidence, however, that once you’ve decided which option is
best for you, you’ll finally feel a sense of relief. I would
encourage you to not procrastinate; procrastination simply
leads to several more months of struggling to pay your bills.
Think long-term and you’ll realize that in a few short years
(very possibly months), you’ll be debt-free, your credit score
will be restored and you can hold your head high knowing that
you faced an extremely difficult situation and made it through
just fine – and very likely accumulated a great deal of
knowledge in the process. If you should have any questions, or need assistance, feel free to contact us. For a free consultation, click here. Remember, Donaldson Williams, Inc. charges absolutely no monthly fee and no set-up costs because we work on a contengency basis, and you don't pay a fee for our services until after a satisfactory settlement has been reached with your creditor(s). |
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Providing
Customer Service
you Can Rely On
"I'm not sure how you
work your magic, but thank you for everything you have done.
I would highly recommend your company."
(C.C.
Attorney)
"Marie, we can't thank
you enough for everything you have done for us. We
had a
lot of question
throughout this entire process and you have been so patient and
understanding. We never felt alone because we always knew we
could call or send an email and you would get right back to us.
Excellent customer service and an incredible end result. We
really do appreciate it!"
C.E.H (Insurance
Adjuster)
"Again I find myself in awe of how you have
been able to help. Thank you."
G.B.
(Educator)
"Outstanding! Thank you for investing the time
and attention to get this
outcome- we truly appreciate your
help and kindness."
M.M. (Regional
Manager)
"I appreciate all you have done for us. I
would recommend your company in a heart beat to
anyone that has been experiencing
problems such as our own."
J.M. (Q.I.
Supervisor)
“Thanks so much for all you did for us. If we hadn’t found Donaldson Williams we would have surely filed for bankruptcy. You were straightforward from the beginning and we ended up with better results than we thought possible. Every one of our phone calls was returned and your professionalism proved to be unmatched. Again, thanks for saving us over $30,000 and helping us avoid bankruptcy.”
(E.Z. Carpenter)
“Hi…I just wanted to drop you a line to let you know that we appreciate all you did for us during the worst financial crisis we’ve ever faced. I’m so glad we found you and decided to hire you…your dedication to helping us through a difficult time literally saved us thousands of dollars, as well as allowed us to end our financial problems with dignity and ease.”
(D.D. Communications Supervisor)
“Thank you for your help and your patience. Not only did you save us $27,000, but you were very patient with our questions and worries. You really helped to get us through a very bad financial period. Thanks again!"
(J. G. Operations Manager)
"Thanks to you I can sleep again and I can answer my phone again. You were so helpful and kind and there aren't enough words to describe my appreciation. The savings I gained through your program was something I wouldn't have thought could be achieved..."
(E. H. Teacher)
"Enclosed is a check for my final account. Thanks for all your help...it's finally over, but I wanted to let you know that we're so happy we chose your company. We started out scared to death, and here we are paying off our last account. You've been great through this whole mess, and we want you to know that we'll gladly recommend you to other people in the same situation."
(D. H. Administrative Assistant)
"Preston and I cannot thank you
enough for all your hard work (HFC-especially) in helping us
move towards debt freedom. A weight has been lifted and we are
finally free. Thanks again."
((P.G. Systems
Technician)
"Thank you
for being a caring person and having compassion and empathy
there are so few left in this crazy world. I know you will
have an abundance of blessings in your life. You have
helped us more than you'll ever know and I feel
like we were sent an angel when we met you. Truly I
know it sounds cheesy but it's the honest truth from
the bottom of my heart thank you."
(B.D. Nurse)
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